Crypto developers use a variety of marketing techniques to crowdfund for their upcoming projects. Most techniques always involve aggressive marketing. One common marketing stunt that most crypto developers use is airdropping.
If you’re a crypto enthusiast, you can always watch out for airdrop programs. They offer you an opportunity to get ahold of new crypto products on the market. In this guide, we will look at airdrop programs and how you can take advantage of them.
What Are Airdrops?
Airdrops are a marketing technique used by crypto developers to help make their products known by many people. The crypto companies target crypto enthusiast who have a big social media presence. In other cases, users who already own another crypto coin may receive the airdrops for free.
There are different types of airdrops in the market. Most companies often offer the airdrops in exchange for tweets, blog posts, or the user signing up for a newsletter. In short, the airdrops are offered free of charge.
Standard airdrops are very common. They typically target any crypto investor who owns a crypto wallet. The investors get free crypto coins deposited into their wallet. Most standard airdrop programs occur during the ICO, or initial coin offering, stage. You can always go to the website for more information.
Exclusive airdrop programs target crypto enthusiasts with massive presence on social media sites. They get the free coins deposited into their wallets in exchange for publicity. The beneficiaries may have to write a blog post or share tweets about the new coin.
Holder airdrops are sent to crypto owners who have already invested in a different type of coin or token from the same blockchain or protocol. The distribution is often done depending on how many coins you have in your account. The more coins you have, the more coins you will get deposited into your account.
Benefiting from Airdrop Programs
Airdrops are a free and cheap way of building your crypto portfolio. It allows you to add more coins without having to fear the risks if the coins become invaluable. There are plenty of ways you can make yourself eligible for airdrop programs.
Ensure that you have a crypto wallet. Also, make sure you have some coins in your wallet. This will give you a chance of being selected for holder airdrops. You can use an airdrop aggregator site to find new info on airdrop programs happening soon.
Sharing information on your social media sites about crypto can also be beneficial. Most crypto companies seek crypto enthusiasts with large followings on social media to market their new coins or tokens. In this case, you will be paid using the new crypto coins or tokens.
Crypto airdrop programs have plenty of benefits. However, there are also risks involved. These days, some scam websites post fake information about upcoming airdrop programs. Some people take the bait and end up sharing their personal info.
Make sure you do your research. Check out airdrop aggregator sites for the latest on upcoming airdrops. Also, try creating information on crypto products on your blog or social media site for you to be eligible.